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is on taxes. so we ask again, what now? steven moore, steven moore writes for "the wall journal," also on the editorial board. welcome to you. >> hi, brooke. >> the way speaker boehner seemed to put it, if we heard it correctly, it is up to the democrats. the president, the senate democrats, to craft this tax and spending plan, i should say, that can please the house republicans or we're off the cliff. >> well, you know, the amazing thing about this whole debate going on now five or six weeks since the election was held in early november, the most amazing thing, here we are on what, december 21st and no close torrer to resolution. you raised an important point, brooke, that the house and senate are basically adjourned. they're gone until after christmas. and that leaves us, what, four or five days to settle this. >> ticking, right? right? >> so -- pardon me? >> time is ticking away. >> right, the clock is ticking and they don't get back until december 26th, december 27th. here is my prediction to you, brooke. i think they'll come to resolution on december 31. maybe a few hours before t
, not so much. bill: some of these warnings now the national debt is nearing dangerous levels. steven moore is here with the "wall street journal." what does it mean that the warnings are there, steve. >> the amazing thing about this debt. i was thinking when i first came to washington which was in the early 1980s, the debt level was about $2.5 trillion. now we are at 16.2 trillion. by the way every president goods back to dwight eisenhower has promised that they will balance the budget and the debt keeps getting bigger and bigger. the real tragedy is that over the last five years the debt has increased by almost $6 trillion. that is more money than was borrowed from 1776 through the year 1976. bill: that's ridiculous. >> it is a tragic situation. bill: what is the danger in this economically speaking for us. >> the danger is two fold. one is if you look at the budget right now and we continue on this pace of borrowing we are expected to do, trillion dollar deficits for as far as the eye can see we are looking at somewhere in the neighborhood of a trillion dollars each year bill in only ser
it. if he hopeful we will get a last minute deal? stephen moore. look, you are here earlier this month and said we will be back here talking with you. >> here we are. ashley: we are getting inklings of some sort of deal being put together. >> i heard for the first time what you just heard. the framework of that deal -- i think that was something that probably could make it through the senate and the house. nancy pelosi will have to deliver anywhere from 50-100 votes from her democratic office. but, of course, let's not forget that gets us around the immediate problem of what they are calling the fiscal cliff. this is just act one. then we deal with the dead ceiling. this was just the idea of an opening bid, if you will. i think it will be good news for the market if a deal like this were enacted. shibani: you are talking about the markets. i want to ask you about their role in getting to this point. we have seen steep declines. multi- hundred point the kleins in some instances, we have not been met in this case. is this part of the reason we are in this position? >> well, yo
kutcher everywhere officially files for divorce from demi moore citing irreconcilable differences. alli? >> all right, dave. you know this well. 93 million americans will travel 50 miles or more this holiday season. if you have kids, that could be a nightmare. here with the right choice to keep your trip tantrum free is melissa chatman. great to have you here. >> thank you. >> you are going to start keep their minds occupied where do we start. >> 0 to 9 months is perfect. a p.b. a, pbc free pacifier. attached to cute stuffed animal. it falls you can find it keeps their hands nice and busy. >> pacifiers are key, everyone. you must have them everywhere. for slightly older what do you suggest. >> everyone wants their teddy bear with elm. this this teddy bear comes you can attach it to the bag and you see the velcro straps and it comes off. hold it and like 2 in one. great also if you are on a plane. you can use it as pillow and as teddy blanket. >> great suggestion. pack the backpack themselves with whatever crayon. >> big one here. >> what's this? >> this is for between teen that does not
would your benefits cut by moore thank a quarter. -- by more than a quarter. unless we act, this is not a self-correcting problem. now, there are other things that we need do around social security such as raising the cap on the a income that's taxed. but those who say putting off questions about social security or medicare to some other day refuse to also recognize the reality that none of this self-corrects and that the sooner we start down the path on reform, the sooner that we can make sure the promise of these programs will last. but again, instead of worrying about the potential of a 25% cut for folks who are 46 years old in social security, they talk about the fact that, yes, that there may be some slight cutback in immediate benefits. not, though, 25%, not 3%, not 1%, but .3% decrease in the amount of increase each year. and even with that, there are ways, if we use this tool, to make it more fair and balanced. because we must make sure that we protect the most vulnerable in our society. i was part of a group -- and, again, the presiding officer, i believe, was supp
with stephen dinan. our guest is stephen moore with "the wall street journal." then a look back at columbine shootings with david cullen. "washington journal" is live at 7:00 a.m. eastern here on c- span. >> as president obama begins his second term, what are the most important issues to consider in 2013? tell us. >> kagel you are in grade 6-12, make a video about what you would like to say to the president. >> get your chance to win the grand prize of $5,000. the deadline is january 18. for more information, go to >> today, president obama nominated senior massachusetts senator john kerry for secretary of state. he is a vietnam war veteran and chairman of the senate foreign lakers -- senate foreign relations committee. this is just under 10 minutes. >> good afternoon, everyone. you know, when i took office, our nation was engaged in two wars and al qaida was entrenched in their safe havens. many of our alliances were frayed and america's standing in the world had suffered. over the past four years, we've begun a new era of american leadership. we ended the war in iraq. we pu
Search Results 0 to 5 of about 6